The Interchange Fee Impact on the Development of Non-Cash Transactions
The Interchange Fee Impact on the Development of Non-Cash Transactions
Author(s): Jacek Binda, Iwona ŁukaSubject(s): Business Economy / Management, Financial Markets
Published by: Wydawnictwo Wyższej Szkoły Finansów i Prawa w Bielsku-Białej
Keywords: non-cash transactions; interchange fee; payment cards; POS terminals
Summary/Abstract: The purpose of the paper is to present the influence of legally regulated interchange fee amount on non-cash turnover. The larger number of point of sale terminals has resulted in the increase in a number and amount of non-cash transactions, what minimally enables banks to compensate for the reductions of revenues due to the above mentioned fee.
Journal: Zeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej
- Issue Year: 2016
- Issue No: 3
- Page Range: 18-31
- Page Count: 14
- Language: English
